Credit Suisse Alternative Investments - Credit Investment Group

topcrust, whats your background? is this for ft? this is exactly what im trying to get into.

To give you some insights try and understand Bottom up analysis like it says in the post. Credit analysis does heavy duty due diligence on debt covenants so understand positive and negative affirmations. Also due diligence of the hard assets that are backed by the loans or instruments. Also FSA and coverage ratios. Understand the differences between leveraged loans and HY instruments. Good Luck

Don't know a ton about the people in the group, but it's a good place to start off if you eventually want to jump to a hedge fund that is debt-focused. You'll learn a ton about debt valuation and credit analysis, which is a really valuable skill set. Hours in AI for Credit Suisse are usually better than IBD, but it's hardly a 9-5 job.

This is for summer.
Very exciting opportunity but I can't possibly teach myself all I need to learn about debt in 4 days. That said, does anyone have recommendations for great sites to pick up on debt? I've been googling but any recommended sites would be very helpful.

Thanks a lot guys. Very helpful.

bump.

any recommended websites with a quick overview of different types of debt? I'm getting desperate.

Thanks!

If you are going for a summer, they're not going to be slamming you with the nuances of different types of debt. I think you will be in good shape if you understand the various standard tranches- secured, unsecured, subordinated, high yield, mezzanine, etc etc, understand things like covenants, PIK, etc, and know the fundamentals of bond valuation. As a junior in college, even at a finance school like Wharton you are not going to have much if any educational depth on debt.

All the guys at CS Alt. Inv. are fucking chachs.

By the looks of it you'll probably fit right in.

hey dj long straddle, do you happen to know anything about the group???